Klaipedos Nafta, Fluxys sign LNG agreement

Image courtesy of Klaipedos Nafta

Klaipedos Nafta, the operator of the first Lithuanian LNG terminal in Klaipeda signed a memorandum of understanding with Fluxys of Belgium to cooperate in the development of small-scale LNG projects and infrastructure in Europe.

“The memorandum will enable the companies to be more pro-active both in the Baltic Sea region and beyond,” Lithuanian minister of energy Žygimantas Vaičiūnas said during the Lithuanian delegation’s visit to the Zeebrugge LNG terminal operated by Fluxys.

He added that Klaipėda will become an active LNG distribution center in the LNG supply chain in the Nordic countries and Europe as a whole.

Klaipedos Nafta’s CEO Mindaugas Jusius said the LNG infrastructure established by the company is “a driver of an LNG logistic chain in the Baltic Sea region.”

He said that the company will look to achieve optimal utilization of the infrastructure facilities with Fluxys, saying that Belgium’s experience is valuable for the implementation of a small-scale LNG terminal in Klaipeda.

Klaipedos Nafta is currently developing an LNG reloading station is aimed at creating a small-scale LNG operational infrastructure and developing the LNG market in the Baltic Sea region. It will feature two truck loading bays and enable LNG reloading onto liquefied natural gas carriers and have a total storage capacity of 5000 cubic meters.